Sell a break below 109.813. | 22 January 2020

22 January 2020, USD/JPY

Sell a break below 109.813.

Wave Analysis

After a massive decline seen during the previous trading day, the US Dollar failed to break below 109.813. As long as the price remains within the range 109.813 and 110.360, we are only interested in trading reversals. a bounce from 110.260 will attract a sell and a bounce from 109.813 will attract a buy. A break above 110.360 will attract a long term buy order towards 114.011. A break below 109.813 will attract a long term sell order towards 107.905. On the lower side, the other key level to look at is 109.300.

Trade Recommendations:

Sell a break below 109.813.

Bob Stan
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus